"The president of the RFEF, Angel Maria Villar, and the national team coach, Vicente del Bosque, have held a meeting in Madrid on July 4 in which the coach informed the president of the RFEF of his decision not to continue at the head of the national team," an official statement read.

"Angel Maria Villar considers Vicente del Bosque part of Spanish football's heritage and has offered him the possibility of continuing in the federation, which has been answered positively.

"This offer will materialise in the coming weeks."

The coach revealed on Friday he informed every member of Spain's Euro 2016 campaign of his exit, except for goalkeeper Iker Casillas.

Del Bosque claimed he had fallen out with Casillas after he picked David de Gea as his number one in France.

However, Casillas took to Twitter to show there were no hard feelings, posting:

"This morning, in the 'Ciudad del Futbol'. 25 years together, and more! A hug, coach! Good luck!"